Onchain Bitcoin Fees in 2024: A Closer Look at Transaction Costs and Delays – Blockchain Bitcoin News
Data gathered over the last 36 days reveals that the Bitcoin network’s average transfer fee has consistently exceeded the $3.68 mark, while costs for median-sized transactions have not dipped below the $1.67 threshold. As of Feb. 6, 2024, insights from Bitcoin’s transaction queue highlight a significant backlog of 221,799 transactions awaiting confirmation. Bitcoin Transfer Fee…
Read MoreSolana Mobile's ‘Chapter 2’ Crypto Phone Surpasses 60,000 Preorders – Hardware Bitcoin News
The crypto community has shown remarkable support for Solana Mobile’s upcoming “Chapter 2” smartphone, amassing over 60,000 preorders after its announcement, as the company gears up for a launch in 2025. Solana Mobile’s ‘Chapter 2’ Phone Hits 60K Preorders Ahead of 2025 Launch Solana Mobile’s upcoming “Chapter 2” crypto phone has already garnered 60,000 preorders,…
Read MoreEnhancing DeFi: Equalizer Introduces New Meta Aggregator and Airdrop Explorer Services – Press release Bitcoin News
PRESS RELEASE. Road Town, British Virgin Islands, February 6th, 2024, Chainwire. Equalizer Elevates Their DeFi Platform with Launch of DEX & Bridge Aggregator and Airdrop Explorer Features In a significant leap forward for decentralized finance, Equalizer is proud to announce the launch of two innovative services: a Meta Aggregator and an Airdrop Explorer. These additions,…
Read MoreSolana Faces First Outage of the Year; Engineers Deploy Fix as SOL Dips 3% – Bitcoin News
The Solana layer one (L1) blockchain is currently experiencing a service disruption, with the Solana Status website revealing that engineers are actively probing the cause. Validators on mainnet have received instructions to implement an upgrade to version 1.17.20 and to initiate a system reboot. ** Editor’s note: Solana Status notes that block production resumed at…
Read MoreBinance Welcomes Back Steve Christie as Deputy Chief Compliance Officer – Exchanges Bitcoin News
Binance has welcomed back Steve Christie, its former Senior Vice President of Compliance, as Deputy Chief Compliance Officer. Binance Bolsters Compliance Team, Welcoming Steve Christie Back to Leadership Role Cryptocurrency exchange Binance has announced the return of Steve Christie, its former Senior Vice President of Compliance, to the fold. Christie is stepping into the role…
Read MoreHong Kong Securities Regulator Issues Warning to Unlicensed Virtual Asset Trading Platforms – Regulation Bitcoin News
The region’s securities regulator has said that Hong Kong crypto investors must only use or trade on approved virtual asset trading platforms. The regulator urged crypto investors using platforms not featured on its two lists to close accounts or transfer funds to licensed entities. Verifying a Virtual Asset Trading Platform’s Regulatory Status The Hong Kong…
Read MoreEgypt Aims to Ease Pressure on Forex Reserves via $1 Billion Treasury Bill Auction – Africa Bitcoin News
Barely a month after raising $850 million from an auction of dollar-denominated treasury bills, the CBE was reportedly poised to raise $1 billion via similar instruments. The decision to hike overnight interest is said to be part of the central bank’s ongoing efforts to stabilize Egypt’s teetering economy. Easing Pressure on the Egyptian Pound On…
Read MoreJanet Yellen Calls for Crypto Regulation in Congressional Testimony, Citing Financial System Risks – Regulation Bitcoin News
Treasury Secretary Janet Yellen, in her forthcoming appearance before the House Financial Services Committee, is set to emphasize the potential dangers the cryptocurrency industry presents to financial stability, advocating for legislative action to regulate digital assets effectively. Treasury Secretary Janet Yellen Urges Congress to Act on Crypto Regulation Amid Financial System Concerns U.S. Treasury Secretary…
Read MoreCalifornia School Officials Plead Guilty to Running Crypto Mining Scheme With School Resources – Legal Bitcoin News
A sophisticated scheme to defraud Patterson Joint Unified School District has been unveiled, with senior officials Jeffrey Menge and Eric Drabert at the helm, using the district’s resources to mine cryptocurrency illegally, as disclosed by the DOJ. School Officials Plead Guilty to Crypto Mining Operation Using District Resources Two senior officials from the Patterson Joint…
Read MoreArtists Ordered to Pay $9 Million in BAYC Copyright Dispute – Legal Bitcoin News
Artists Ryder Ripps and Jeremy Cahen are mandated by a federal court to pay $9 million in damages to Yuga Labs, following a high-profile legal dispute over unauthorized use of the Bored Ape Yacht Club’s copyrighted non-fungible tokens (NFTs). Yuga Labs Wins Big as Artists Ordered to Pay up $9 Million Over BAYC Dispute Artists…
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